Fortinet (FTNT) Arqit, BT Launch Quantum-Safe VPN Solution
Summary
Fortinet FTNT announced that, along with Arqit Quantum Inc. ARQQ and BT Group, it has introduced a commercially accessible, integrated product for quantum-safe virtual private network (VPN) communications. The solution facilitates the generation and on-demand rotation of quantum-safe symmetric keys for encrypting and securing sensitive data in point-to-point VPN connections. Cybersecurity companies anticipate that generative AI tools will play a crucial role in decreasing the response time for identifying and addressing various types of computer hacking incidents. Shares of Fortinet have gained 16.7% year to date compared with the Zacks Computer and Technology sector’s 49.1% rise due to tough competition from Microsoft MSFT and Palo Alto Networks PANW in the cybersecurity market. At the heart of its offerings is a comprehensive platform featuring advanced firewalls, complemented by cloud-based services that broaden the coverage to include various aspects of security.
Classifications
AskAI Classifications
LabelsLinked Companies
